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While the allure of gold is undeniable, the diversification it offers is minimal – especially in quantities as small as the 2-ounce limit imposed by Costco. What's more, the perceived security ...
The real value, it says, is in how the price reinforces Costco’s value position. (The spot price of an ounce of gold, as of 11:15 a.m. Wednesday morning, stood at $2,332.)
No prices were listed Wednesday because of the bars' unavailability, but multiple media outlets reported last week that the 1-ounce gold pieces — offered in two designs — were selling for just ...
The retailer's e-commerce sales jumped 20.7%, "led by gold and silver bullions, gift cards and appliances," continuing a run of strong demand for its precious metal products.
The spread is evident in Costco’s pricing. With the spot price of gold at $2,018 in mid-December, its gold ingots cost about 3 percent more than the fair, market-determined value of gold. But ...
There's a modern-day gold rush taking place at Costco, with the big-box retailer reportedly selling up to $200 million worth of gold bars each month, according to a Wells Fargo analysis. The sales ...
Costco is becoming a go-to place for the discerning shopper of precious metals (not to mention Yukon Cornelius).. The retailer, whose 24-karat-gold bars were a hit with shoppers (and gave a big ...
Costco is trying to replicate its recent success with gold bars. It began selling $2,000 gold bars online in September and sold more than $100 million worth of the bars last quarter.
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